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Athens News Agency: News in English, 10-11-17

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] 37th anniversary of Polytechnic students' uprising
  • [02] Juncker: Greece on track
  • [03] Flooding on Corfu
  • [04] ASE opening:Small decline

  • [01] 37th anniversary of Polytechnic students' uprising

    ANA-MPA/Three-day events commemorating the 37th anniversary of the November 17, 1973 Polytechnic student's uprising that led to the collapse of the 7-year military dictatorship in Greece culminate on Wednesday, as officials and the public continue laying wreaths and placing flowers at the Polytechnic monument.

    Prime minister George Papandreou placed three red carnations on the Polytechnic monument at noon, while Coalition of the Left, Movements and Ecology (SYN) leader Alexis Tsipras also paid tribute at the monument at noon.

    The gates of the Polytechnic, which opened to the public on Monday at the commencement of the memorial events, closed at 1:00, as people gathered for the annual march through the streets of Athens that will wind up in front of the US Embassy.ANA-MPA

    Approximately 7,000 police officers will be patrolling the city of Athens to prevent incidents.

    On Tuesday, President of the Republic Karolos Papoulias and political party representatives and people layed wreaths and flowers at the Polytechnic monument

    In a statement issued earlier, Papoulias said that this year's anniversary comes in a very difficult year for the country in which many things are at stake.

    More details on the subscriber's page of APE-MPE | Subscription request form

    [02] Juncker: Greece on track

    ANA-MPA/The Eurogroup Council expressed satisfaction with progress in Greece's stability program, the substantial reduction of the fiscal deficit achieved in 2010, and over Eurostat's full validation of the Greek fiscal statistics, in a statement issued late Tuesday in Brussels, which also pointed out the need for reduction of state spending in 2011.

    In reference to the Eurogroup statement on the situation in Greece, the group president Jean-Claude Juncker noted the Greek government's strong tommitment to take the necessary additional measures in the context of the 2011 budget, so that next year the ambitious target of containing the fiscal deficit at 17 billion euros will be achieved.ANA-MPA

    He said that the Greek government must clarify the final details of the additional measures and include them in the 2011 budget and in the revised Memorandum, and stressed the need for further reduction of state spending and for accelerating the structural reforms, particularly in the areas of taxation, job markets, the business environment and public administration.

    More details on the subscriber's page of APE-MPE | Subscription request form

    [03] Flooding on Corfu

    ANA-MPA/Severe problems have been caused on the island of Corfu from heavy rainfall that began late Tuesday'

    According to the Fire Brigade, at present, the rescue of 30 persons who have been trapped in houses near torrents is in progress.

    Landslides and falling trees throughout the island, even in the city of Corfu, have been reported.

    Reinforcements have been sent to the island from Epirus.

    More details on the subscriber's page of APE-MPE | Subscription request form

    [04] ASE opening:Small decline

    Equity prices were declining at the opening of trade on Wednesday on the Athens Stock Exchange (ASE), with the basic share price index down 0.04 percent, standing at 1,493.64 points at 11:00 a.m, and turnover at 12.805 million euros.

    Individual sector indices were moving downwards, with the biggest gains in Travel and Recreation, up 1.24 percent; and Food and Beverages, up 1.09 percent.

    The biggest losses were in Media, down 4.52 percent; and Constructions, down 2.03 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 0.07 percent, the FTSE/ASE MID 40 index was down 0.45 percent, and the FTSE/ASE-80 small cap index was down 0.16 percent.

    Of the stocks traded, 25 were up, 30 were down, and 18 were unchanged.

    More details on the subscriber's page of APE-MPE | Subscription request form


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